Are You Smarter Than the Obama Administration?

15 Jun 2012 15:56 #1 by otisptoadwater


Take the quiz here --> http://www.yaf.org/Quizzes/economicsquiz.html

The top of the form asks for a lot of personal information but you can leave all of that information blank and still take the test.

I can explain it to you but I can't understand it for you.

"Any man who thinks he can be happy and prosperous by letting the Government take care of him; better take a closer look at the American Indian." - Henry Ford

Corruptissima re publica plurimae leges; When the Republic is at its most corrupt the laws are most numerous. - Publius Cornelius Tacitus

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15 Jun 2012 19:34 #2 by jf1acai
:rofl

Your score is 80 .

You got almost all the questions right. The Obama administration should invite you to a beer summit—because even if you were drunk, you could still come up with better economic policies than this administration.


Experience enables you to recognize a mistake when you make it again - Jeanne Pincha-Tulley

Comprehensive is Latin for there is lots of bad stuff in it - Trey Gowdy

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16 Jun 2012 11:08 #3 by BearMtnHIB
I got them all right except one- the first one which I mis-read.

90%.

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16 Jun 2012 14:58 #4 by LOL
Are You Smarter Than the Obama Administration?

Does a Bear poop in the woods?

If you want to be, press one. If you want not to be, press 2

Republicans are red, democrats are blue, neither of them, gives a flip about you.

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16 Jun 2012 17:19 #5 by LOL
Your score is 100 .

You should be doing Secretary of Treasury Tim Geithner's taxes. Not only are you smarter than the Obama administration, you got every single question right—which should be enough to qualify you for the Nobel Prize. Or at least taxpayer-funded vacation to Hawaii...


..Does this concern anyone? I have not checked the numbers (depends on future interest rates), but they are bothersome.

8. How large are the interest payments for our national debt?

You got the question correct. The correct answer is $3,000 per taxpayer.

EXPLANATION: In 2012, the interest payments on the national debt will be nearly #3,000 per taxpayer. In five years, the United States government will spend more on interest than on Medicare or defense spending.


If you want to be, press one. If you want not to be, press 2

Republicans are red, democrats are blue, neither of them, gives a flip about you.

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16 Jun 2012 19:37 #6 by archer

LOL_jmc wrote:

8. How large are the interest payments for our national debt?

You got the question correct. The correct answer is $3,000 per taxpayer.

EXPLANATION: In 2012, the interest payments on the national debt will be nearly #3,000 per taxpayer. In five years, the United States government will spend more on interest than on Medicare or defense spending.

Yet the Republicans will continue to concentrate on reducing medicare instead of tackling the national debt with revenue increases and spending cuts.

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16 Jun 2012 19:52 #7 by otisptoadwater

archer wrote:

LOL_jmc wrote:

8. How large are the interest payments for our national debt?

You got the question correct. The correct answer is $3,000 per taxpayer.

EXPLANATION: In 2012, the interest payments on the national debt will be nearly #3,000 per taxpayer. In five years, the United States government will spend more on interest than on Medicare or defense spending.

Yet the Republicans will continue to concentrate on reducing medicare instead of tackling the national debt with revenue increases and spending cuts.


Picking myself up off the floor! Did a Democrat just admit the solution is to cut spending?! archer, I may have misjudged you after all. Oh wait, "...tackling the national debt with revenue increases..." - translation: INCREASED TAXES. Upon whom I wonder? I'll just assume the increase will be focused on "the 1%"; it's disarming to say only the richest citizens will bear the brunt of tax increases when the truth is Barry is talking to the upper middle class.

I can explain it to you but I can't understand it for you.

"Any man who thinks he can be happy and prosperous by letting the Government take care of him; better take a closer look at the American Indian." - Henry Ford

Corruptissima re publica plurimae leges; When the Republic is at its most corrupt the laws are most numerous. - Publius Cornelius Tacitus

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16 Jun 2012 20:16 #8 by archer
Otis I have always advocated for a balanced budget...if you ever actually read my posts you would know that, rather than assuming you know what every liberal thinks. Balancing a budget and paying off debt involves more than just slashing spending...same for a family or a government or a business. Cut where it is prudent to do so and increase revenue so debt can be paid down faster. A one solution approach, such as just slashing spending, will not accomplish as much as a multi-pronged approach. If a family is deep in debt just cutting their spending will not work as well or as quickly as adding new revenue to the cost cutting will. It's just math otis.

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16 Jun 2012 20:20 #9 by archer
I won't believe conservatives are truly concerned about our national debt till I see them make the tough decisions about actually paying it down. Cut all you want, you still won't make a serious dent in it till you increase the revenue stream.

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16 Jun 2012 22:37 #10 by Reverend Revelant

archer wrote: Otis I have always advocated for a balanced budget...if you ever actually read my posts you would know that, rather than assuming you know what every liberal thinks. Balancing a budget and paying off debt involves more than just slashing spending...same for a family or a government or a business. Cut where it is prudent to do so and increase revenue so debt can be paid down faster. A one solution approach, such as just slashing spending, will not accomplish as much as a multi-pronged approach. If a family is deep in debt just cutting their spending will not work as well or as quickly as adding new revenue to the cost cutting will. It's just math otis.


You know how I increase the revenue in my family... by working hard... not taking the money from someone and spending unwisely.

Waiting for Armageddon since 33 AD

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